What this country really needs is less tranparency in earnings reports, and more wiggle room for corporate reporting: click for video...
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Doug Kass gives us this morning’s must read slice of market history: "Short-selling runs deep in financial history. Perhaps...
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Last month, Rex Nutting had a surefire contrary indicator: He noted that the Bush administration DOES NOT expect the GSEs to fail, and...
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Guest post today, by Yves Smith of naked capitalism: James Carville, Clinton strategist, said, I used to think if there was...
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This is a first: OPEC is pulling in more money from oil sales than the U.S. government is raising from individual taxpayers. > click...
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Fascinating piece in Barron’s this week on our favorite junk paper: Phoney and Fraudy. A few interesting factoids about the GSEs,...
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Here’s something you may not have considered: The massive losses taken by Wall Street Banks and Brokers is going to wipe out their...
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While I am off fishing, y’all can enjoy this article: If President Richard Whitney of the New York Stock Exchange was surprised at...
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A long/short hedge fund manager of my acquaintance went to short some Morgan Stanley (MS) via a B/D that clears through Wachovia: The...
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The anticipated bear market bounce in Financials has led to the usual fools’ chorus that the worst is behind us, the economy is on...
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